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What are the main steps of managing the collection in big companies? ‎

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How can we make commission scheme for our collectors based on the projection collection ?‎

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Answer added by  Sabine YOUNES, Senior Supervisor, OMT s.a.l.
8 years ago

1-keep updates regarding your customer financial profile 2- Daily close follow up on debtor balances 3- Minimize the risk (by increasing guarantees ...)

 

Answer added by  Ahmed Adeel Ibrahim, Consumer Banking Employee, Habib Metro Bank
8 years ago

- Keep your clients intact in early ageing so as to avoid putting him into bad debts. - Ensure the promises are kept and numbers are monitored on a daily basis. - Ensure ... See More

 

Answer added by  Deleted user
8 years ago

It starts when credit card or loan is sold to a customer. To give out to least risky customer is better when it comes to his payments. Once the payment process starts pre ... See More

 

Answer added by  Faris Bafaqih, Director, Financial Control, Saudi Airlines Cargo
8 years ago

I agree with you .However, the observation should be there every day in days work to be aware of the month analyzing and every single movement has been done.

 

Answer added by  Elmund Renz Bernardo, Credit investigator and appraiser, Rbo Group financing company
8 years ago

analyze the movements in collection at the end of the month